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2016 Labour Overview of Latin America and the Caribbean [Executive Summary]

This 2016 Labour Overview of Latin America and the Caribbean contains a summary of economic trends in the region’s countries and an analysis of their impacts on labour markets this year, as well as those expected in 2017.

The region’s labour situation worsened in 2016: there was a sharp increase in unemployment, informality increased and the quality of employment –measured by various indicators, such as the increase in own-account work, the reduction of wage labour and a decrease in real wages– deteriorated.